House for sale in Augsburg, Germany

Property Description: This residential building is spread over 2 floors, with a basement and converted attic, totaling a living space of 413.78 square meters. Built around 1924, the property has undergone various modernization measures in 1972, 1980 (partially new windows), 1982 (bathroom on the ground floor), and 2006 (roofing, roof windows). The layout of the property includes cellar rooms, a boiler room, hallway, 4 rooms, bathroom, kitchen, terrace on the ground floor; hallway, bathroom, 5 rooms, and a loggia on the upper floor; hallway, bathroom, 4 rooms in the attic. The house has a gas central heating system and is classified as having a simple to medium level of equipment. There are structural defects and damages, including moisture damage on some exterior walls and cracks in the plaster on ceilings in the ground and upper floors. Thoughts on Price: The property is listed for €4,000,000 and is set to be auctioned by the local district court. The market value of the property is €4,000,000, however, there is a possibility of obtaining a 30% discount, bringing the price down to €2,800,000. Additionally, notary fees and agency commissions are waived. This property presents a unique opportunity for buyers looking to acquire a substantial property at a discounted price.